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    Technology

    Scam Economy

    Bitcoin, the Blockchain, Web3, NFTs…welcome to the Scam Economy. Host Matt Binder (The Majority Report w/ Sam Seder, DOOMED) dives into the world of cryptocurrency in order to reveal the frauds, grifts, and scams. And there’s plenty because, really, the whole thing is a scam. It’s the Scam Economy.

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    Latest Episodes:
    12: A/S/L/Crypto?: The Dating App Crypto Scam Scourge Apr 22, 2022
    Show notes

    Looking for love? Have you been targeted by a crypto scam on a dating app? Scam Economy listeners recently called into the live post-show to share their experiences with host Matt Binder. There's plenty of twists, turns, and swerves! Here are some of those stories. Visit: http://www.ScamEconomy.com ! Support the show: http://www.patreon.com/mattbinder


    11: Inside the Bizarre Bitcoin 2022 Conference (w/ Ryan Broderick) Apr 15, 2022
    Show notes

    Ryan Broderick of the Garbage Day newsletter joins Scam Economy to take host Matt Binder on a journey to the Bitcoin 2022 Conference in Miami. Ryan breaks down what he saw at the 4-day Bitcoin extravaganza, which celebrities and special guests were there, the dystopian vision of the future that the Bitcoin maximalists are pushing, what the "average" Bitcoin advocate got out of the event, the difference between crypto "culture" and the Bitcoin world, what his cryptocurrency investing dad thought of the event, and more! Check out Ryan's newsletter: https://www.garbageday.email/ . Visit ScamEconomy.com ! Support the show: http://www.patreon.com/mattbinder


    10: Bitcoin Goes Green[washing] (w/ Leanna First-Arai) Apr 08, 2022
    Show notes

    Climate and environmentalist journalist Leanna First-Arai joins Scam Economy to discuss the news that Exxon was going to help Bitcoin mining companies "go green" by selling them gas leaks. Leanna breaks down what gas flaring is, what the thought process and claims from Exxon and the Bitcoin community here is, how "good" is this, the waste that goes into Bitcoin mining, can renewables help?, and more! Visit ScamEconomy.com! Support the show: http://www.patreon.com/mattbinder


    Axie Infinity, Indentured Servitude (Scam Economy Hotline LIVE Post Show Teaser Clip) Apr 05, 2022
    Show notes

    It's a BONUS teaser clip from the Scam Economy Hotline LIVE Post Show #9! In this clip, listener John from Australia calls in to tell us even more about play-to-earn NFT crypto game, Axie Infinity, and how dystopian it is for the players in developing nations who play it for a living. Check out ScamEconomy.com for more! Support the show: http://www.patreon.com/mattbinder


    9: The Play to Earn Pyramid: Axie Infinity & the Dystopia That Crypto Wants (w/ Ed Zitron) Mar 31, 2022
    Show notes

    Play To Earn crypto games are hyped as one of the defining products of web3, according to cryptocurrency and blockchain advocates. But, they are extremely exploitative. Now, after a big hack wreaks havoc over the biggest game in the space, Axie Infinity, resulting in a $625 million loss...what does this say about the dystopian future that crypto wants? Ed Zitron joins Matt Binder on Scam Economy to discuss. Visit ScamEconomy.com . Support the show: http://www.patreon.com/mattbinder


    8: Monkey Business: Bored Ape Yacht Club, Yuga Labs, & ApeCoin (w/ Amy Castor) Mar 25, 2022
    Show notes

    NFT and cryptocurrency reporter Amy Castor joins Scam Economy for a deep dive into Yuga Labs, the company behind Bored Ape Yacht Club, and a new cryptocurrency called ApeCoin, which is totally not connected to Yuga Labs of course (for legal reason). Visit: ScamEconomy.com ! Support the show: http://www.patreon.com/mattbinder


    7: The Crypto Grift Descends on Ukraine Mar 18, 2022
    Show notes

    Scam Economy host Matt Binder breaks down how grifting cryptocurrency founders, entrepreneurs, investors, and hustlers are trying to pump their money making schemes for a profit and generate good PR for the crypto industry under the guise of charity for Ukraine. Check out: http://www.scameconomy.com . Support the show: http://www.patreon.com/mattbinder


    The Depravity of Randi Zuckerberg's Web3 Song (Scam Economy Post Show Teaser Clip) Mar 15, 2022
    Show notes

    A freebie teaser clip from the Scam Economy Post Show Episode #6 livestream on 3/10/22: Matt gives some quick thoughts on Web3 "Pay to Earn" games after his talk with Molly White. Plus a breakdown of a Twisted Sister "parody" song about Web3 by Randi Zuckerberg – yes, Facebook founder Mark Zuckerberg's sister. Join the Patreon to access audio of the full show, complete with listener phone calls and more: http://www.patreon.com/mattbinder


    6: Web3 Sucks (w/ Molly White) Mar 11, 2022
    Show notes

    Molly White, software engineer, Wikipedia editor, and the creator of the website "Web3 is going just great," joins host Matt Binder on Scam Economy to discuss...well...Web3! Molly breaks down what Web3 is, all the scams and grifts her website covers daily, what Web3 advocates want, how Wikipedia perfectly proves Web3 wrong, the commonalities found between conspiracy theorists like QAnon believers and Web3 supporters, and much more! Check out Molly's awesome website Web3 is going great: https://web3isgoinggreat.com . Visit: http://www.scameconomy.com . Support the show: http://www.patreon.com/mattbinder


    5: NFTs Get Physical, Real Estate Gets Digital, It's All Despicable (w/ Wilfred Chan) Mar 04, 2022
    Show notes

    Writer Wilfred Chan joins Matt Binder on Scam Economy to discuss his experience using an NFT vending machine, how he got scammed by it, online real estate in the metaverse, and how the gig economy gave us an early look into our scam economy tech dystopia. Find out where you can subscribe to the Scam Economy: http://www.scameconomy.com . Support the show: http://www.patreon.com/mattbinder


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